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An announcement from Hamak Gold Limited ( (GB:HAMA) ) is now available.
Hamak Gold Limited has announced a significant advancement in its joint venture with First Au Limited, as a 3,000m drilling program commences on the Nimba project in Liberia. The joint venture agreement includes a substantial share and cash payment from FAU to Hamak Gold, which will enhance Hamak’s balance sheet and support its new Bitcoin treasury management strategy. This development is expected to strengthen Hamak’s financial position and provide diversified value exposure for its shareholders.
More about Hamak Gold Limited
Hamak Gold Limited is a UK-listed company focused on gold exploration in Africa. The company also pursues a Bitcoin and cryptocurrency treasury management strategy, offering investors exposure to the cryptocurrency asset class through its listing on the London Stock Exchange.
Average Trading Volume: 12,814,662
Technical Sentiment Signal: Buy
Current Market Cap: £19.44M
Learn more about HAMA stock on TipRanks’ Stock Analysis page.